DIGEST OF INTRODUCED BILL
Scholarships for academic honors. Establishes the Indiana honors diploma higher education award as a scholarship program for persons domiciled in Indiana who: (1) graduate from a public or private high school with an Indiana honors diploma; and (2) attend a public or private nonprofit institution of higher learning in Indiana on a full-time or part-time basis. Provides eligible students with a scholarship award in an amount (subject to the availability of appropriations) equal to 50% of the educational costs at public universities in Indiana, less an adjustment for money awarded to the student under other state higher education award programs. Provides for administration of the program by the state student assistance commission. Appropriates from the state general fund a sufficient amount to provide honors diploma higher education awards.